Three new members of the OP&F Board of Trustees have been sworn in following elections that concluded in December.
Tanya Czack (Parma Heights) represents active police members, Mark Drum (Delaware) represents retired police members and John Deal (Cincinnati) represents active firefighters. Election results were announced Dec. 21, and new terms for the candidates commenced Jan. 4.
Two of the Board’s three investment expert members also have new terms. David Heller, was re-appointed by the Ohio Senate and House of Representatives for a new term on Nov. 5, 2020. Charles Moore was re-appointed by the Governor for a new term on Nov. 25, 2020.
On Feb. 3, OP&F Executive Director John Gallagher announced his retirement from the organization effective July 1, 2021.
The OP&F Board of Trustees, led by Chair Stephen Corvi, thanked Mr. Gallagher for his years of service and began implementation of a national search process.
“We appreciate John’s years of service to Ohio Police and Fire retirees,” Corvi said. “There were significant challenges facing the fund over the last several years and with John’s help, we’ve emerged stronger to support our members.”
Police and fire retirees won’t be affected by the transition. Mr. Gallagher made special note about the fund’s senior staff.
“The highlight of my time has been working with an incredibly experienced team of professionals committed to funding the retirements of Ohio’s first responders,” Gallagher said. “I have no doubt that the board and senior staff will continue the good work during the search for a new executive director.”
The Chair appointed a search committee to conduct a comprehensive search for a new executive director.
“Our vision is to be a leader and model retirement system that provides peace of mind to our members and a level of service that exceeds expectations,” Corvi said. “That will be at the heart of our search – we want to find someone committed to the wellbeing of all our members, our staff and to securing our pensions.”
OP&F’s investment portfolio value:
(Motions voted on by the Board are listed separately)
At its January 2021 meeting, the OP&F Board of Trustees approved the following motions:
Posted 1/4/2021
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